For Release: September 30, 1997 FTC Reaches Settlement With Weight Watchers Over Weight Loss Claims
The Federal Trade Commission and Weight Watchers International, Inc. have agreed to settle a case filed by the Commission in 1993 concerning the substantiation for advertising claims made by the company in the late 1980s and early 1990s.
For Your Information: September 26, 1997 Announced Action(s) for September 26,1997
The FTC has approved the application of Columbia/HCA Healthcare Corporation, of Nashville, Tennessee, to divest its interest in the South Seminole Hospital Joint Venture (SSH Joint Venture) and in the affiliated Hospital Development Properties, Inc./Healthnet Services, Inc. Joint Venture (HDPI/HSI Joint Venture) to Orlando Regional Healthcare System, of Orlando, Florida.
Media Advisory: September 24, 1997 Federal, State, Local Law Enforcers, 1,500 Private Sector Volunteers Unveil "Project Mailbox"
The Federal Trade Commission will host a Press Conference to announce a major fraud fighting and consumer education initiative, "Project Mailbox,"a public/private partnership to tackle mass mail con artists who bilk consumers out of billions a year.
For Release (Revised): September 23, 1997 FTC Chairman Discusses Merger Wave and Merger Enforcement at the FTC; Focus is Staples and Boeing
Against the backdrop of a "remarkable" merger wave in the United States, Federal Trade Commission Chairman Robert Pitofsky today offered a group of business executives his analysis of two recent high-profile investigations -- of the Staples/Office Depot merger, which the Commission challenged, and the Boeing/McDonnell Douglas merger, which the Commission did not challenge.
For Release: September 23, 1997 Florida-Based Medical Equipment Business Franchisors Settle FTC Charges
Majors Medical Supply, Inc., of Boca Raton, Florida, and its two corporate officers have agreed to settle Federal Trade Commission charges that they made false claims about the income franchisees could make and the start-up costs of investing in their medical equipment business ventures.
For Your Information: September 23, 1997 Announced Action(s) for September 23, 1997 Schwegmann Giant Super Markets, Inc., of New Orleans, Louisiana, has applied for FTC approval to divest the "That Stanley" supermarket at 4223 Chef Menteur Highway in New Orleans to J. Edward Lamb & Co., owned by Edward and Beverly Lamb of Metairie, Louisiana.
September 22, 1997
For Release: September 22, 1997 Mediq Informs FTC that It Will Abandon Merger with UHS in Face of Challenge
Mediq Incorporated informed the Federal Trade Commission late this afternoon that it has abandoned its proposed $100 million acquisition of Universal Hospital Services, Inc. in the face of an FTC antitrust challenge.
Opening Statement of FTC Chairman Robert Pitofsky At a Press Conference to Announce a Report Titled "Competition and the Financial Impact of the Proposed Tobacco Industry Settlement"
September 19,1997
For Your Information: September 19, 1997 Announced Actions for September 19, 1997
The consent agreement with Efficient Labs, Inc., of San Juan, Puerto Rico, and company officer Blas Reyes-Reyes settles charges that their Spanish-language adver tisements for Venoflash -- a dietary supplement composed of vitamins and plant derivatives -- included unsubstantiated claims that the product will remove dangerous clogs in the circulatory system and treat the symptoms of varicose veins and hemorrhoids.
September 18, 1997
For Release: September 18, 1997 Wait, Watch Closely and See Is Right Stance For Government On Privacy Issues For Electronic Payment Systems, Says FTC Official
The federal government should wait and see whether private industry solutions adequately respond to consumer concerns about privacy and billing dispute resolution issues that arise with the growth of electronic payment systems, and then step in to regulate only if those efforts -- be they market-created responses, voluntary self-regulation or technological fixes, or some combination of these -- are inadequate, according to Federal Trade Commission testimony delivered at a hearing in Washington, D.C. this morning.
For Release: September 17, 1997 FTC Finalizes Exxon Settlement
Nationwide Consumer Education Campaign Will Inform Consumers
That Regular Gas, Not High Octane, Is Right For Most Cars
For Your Information: September 12 1997 Announced Actions for September 12, 1997
The FTC has approved the application of Novartis AG, a Swiss firm, and Chiron Corporation, of Emeryville, California, to license specified gene therapy technology and patent rights to Rhone-Poulenc Rorer Pharmaceuticals, Inc., of Collegeville, Pennsylvania.
September 11, 1997
For Release: September 11, 1997 Operation "Yankee Trader" Targets Bogus Vending Machine Business Opportunities
Stillwater Vending Limited, Global Locating Services, Inc., and their principals, Joel and Jeffrey Salvatore, are the latest targets of the Federal Trade Commission’s crackdown on bogus business opportunities.
For Release: September 9, 1997 New Jersey Invention Promotion Firm Subject To Preliminary Order Obtained by FTC Following Fraud Charges
National Invention Services, Inc., of Cranford, New Jersey, and its president and CEO, John F. Lee, are required by court order to disclose that none of the nearly 1,000 clients who signed up for their invention promotion services has made more money from their inventions than they have paid the firm to patent and promote them, the Federal Trade Commission announced today.
For Your Information: September 9, 1997 Announced Actions for September 9, 1997 Schwegmann Giant Super Markets, Inc., of New Orleans, Louisiana, has applied for FTC approval to divest the “That Stanley” supermarket at 4223 Chef Menteur Highway in New Orleans to J. Edward Lamb & Co., owned by Edward and Beverly Lamb of Metairie, Louisiana.
For Your Information: September 5, 1997 Announced Actions for September 5, 1997 Columbia/HCA Healthcare Corporation, of Nashville, Tennessee, has applied for FTC approval to divest its interest in the South Seminole Hospital Joint Venture (SSH Joint Venture) and in the affiliated Hospital Development Properties, Inc./Healthnet Services, Inc. Joint Venture (HDPI/HSI Joint Venture) to Orlando Regional Healthcare System, of Orlando, Florida.
September 4, 1997
For Release: September 4, 1997 Defendant in FTC Case Charging Franchisors of Cordless Pay Telephone Systems with Deceiving Investors Agrees To Settle
Alan D. Wittstein, former president of Megatrend Telecommunications, Inc., of Watertown, Connecticut, has agreed to settle charges stemming from his role in a Federal Trade Commission case against Megatrend and Tri-Star Marketing Corp. of North Myrtle Beach, South Carolina, in which the FTC alleged that the defendants made false representations to potential buyers of their "TableMate System" franchise.
September 3, 1997
For Release: September 3, 1997 Condom Manufacturer Settles Charges; FTC Alleges Ramses Ad Claims Were Deceptive
The second largest condom manufacturer in the United States, London International, has agreed to settle Federal Trade Commission charges that its ads claiming that Ramses brand condoms are thirty percent stronger than the leading brand of condom and break thirty percent less often are unsubstantiated and deceptive.
For Release: September 3, 1997 Magazine Marketers Settle FTC Charges; Ordered To Pay $88,000 for Federal Law Violations
A Virginia telemarketer, S.J.A. Society, Inc., and two principals will be ordered to pay $88,000 to settle Federal Trade Commission charges that they used fraud and deception in their magazine marketing business in violation of federal laws.
September 2, 1997
For Your Information: September 2, 1997 Announced Actions for September 2, 1997
The FTC has granted the application of Phillips Petroleum Company, of Bartlesville, Oklahoma, to divest approximately 160 miles of its natural gas pipeline system in Oklahoma to KN Gas Gathering, Inc., a subsidiary of KN Energy, Inc., of Lakewood, Colorado.
